Oh, I greatly value the experience of the older generations, but there are too many entrenched old farts in congress with too many special interests groups that effectively "own" them for my taste.
I don't think for example a group of 70-80+ year olds should be writing laws for regulating cryptos when they barely know how to pay for a bill online. These same people had the luxury of enjoying 10-12% interest rates on bank CD's in the 1980's (https://www.bankrate.com/banking/cds/historical-cd-interest-rates/). A luxury that we never had.
Now, these same people are going after stable coins and want to destroy crypto defi and have us go back to putting our money in traditional banks earning a measly 0.5%.
I agree with you that congress should be limited to two terms just like the president.
Oh, I greatly value the experience of the older generations, but there are too many entrenched old farts in congress with too many special interests groups that effectively "own" them for my taste.
I don't think for example a group of 70-80+ year olds should be writing laws for regulating cryptos when they barely know how to pay for a bill online. These same people had the luxury of enjoying 10-12% interest rates on bank CD's in the 1980's (https://www.bankrate.com/banking/cds/historical-cd-interest-rates/). A luxury that we never had.
Now, these same people are going after stable coins and want to destroy crypto defi and have us go back to putting our money in traditional banks earning a measly 0.5%.